The Asian Development Bank (ADB) announced on 27 October 2026 a major push to expand financing for nature conservation and restoration, unveiling a new biodiversity bond, an investment incubator, and a joint multilateral development bank (MDB) report to strengthen tracking of nature finance. The initiatives were introduced at the 17th meeting of the Conference of the Parties (COP17) to the Convention on Biological Diversity in Yerevan, Armenia, according to a press release. Together, the three measures aim to channel more private capital into protecting ecosystems across Asia and the Pacific.